Back to Startups

FTX

About FTX

FTX Trading Ltd., trading as FTX, was a cryptocurrency exchange and crypto hedge fund that offered a variety of trading products including derivatives, options, and tokenized stocks. It was known for its innovative trading features and user-friendly interface but ultimately filed for bankruptcy in November 2022 amid allegations of financial misconduct.

Business Information
Target Customers
retail traders institutional investors crypto enthusiasts
Industry Categories
Blockchain/Web3 Accounting/Finance
Business Model
Revenue Model Transaction fees, trading fees, and interest on margin loans
Pricing Strategy Competitive fee structure with discounts for high-volume traders
Sales Channels direct online platform, mobile app
Funding Timeline

No funding rounds recorded for this startup.

Founders

No founder information available.

Investors

No investor information available.

Recent Mentions
LFAI_stevo1337
Liqfinity Intern @LFAI_stevo1337
May 12, 2025

7/ Money ≠ execution: FTX raised $900 M at an $18 B val (Jul ’21) → bankrupt Nov ’22. Source: https://t.co/xEzDxl5keL Source: https://t.co/W2ZJGmhu5P